CHM 20.0% 1.2¢ chimeric therapeutics limited

Ann: A$30 million Equity Placement Agreement with L1 Capital, page-23

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  1. 12,868 Posts.
    lightbulb Created with Sketch. 3933
    There should be still 20m available of own company cash plus the announced 30m loan facility. That means about 50m available to spend but still only 20m of that actually owned.

    Regardless, that money will secure the ongoing progress which will pay off multiple times in the future. Just a crappy time for non-income producing stocks as market just focuses on PE-ratio and ignores achieved developments / progress. But as always the opposite will come back, just the usual cycle and currently we are in the buying phase which makes existing holders understandably very nervous.

    GLTA
 
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Buyers (Bids)

No. Vol. Price($)
2 128195 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 1224999 4
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